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British Bank Settles Money Laundering Charges

Standard Chartered will pay $340 million to settle charges it used its New York branch to hide illegal international transactions. The settlement covers some 60,000 transactions totaling $250 billion, according to regulators. The bank strongly denied the charges at first, but then backed down agreeing to let a monitor oversee its international transactions and pay a fine.
NPR

Movie Documents 'Janesville' After GM Closes Plant

Renee Montagne talks with documentary maker Brad Lichtenstein about his new film As Goes Janesville. It is an up close look at wrenching changes the Wisconsin town has been through since GM closed a plant there. Janesville is the hometown of Rep. Paul Ryan, who is GOP presidential candidate Mitt Romney's running mate.
NPR

Twitter Lets Customers Skip Recordings, And Make Choices

Once relegated to one-time promos and marketing campaigns, Twitter is now a tool businesses use to provide customer service. And for some customers, Twitter can be a deciding factor in what companies they do business with.
NPR

The Next Frontier In TV: English News For Latinos

ABC News and Spanish-language broadcaster Univision have joined forces to create a TV news channel aimed at Hispanics who prefer English. But with a target audience that currently turns to the same news sources as everyone else, the venture isn't without risk.
NPR

Ryan's Mission For Fed: Focus On Prices, Not Unemployment

Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the Federal Reserve.
NPR

British Bank Agrees To $340 Million Settlement Over Laundering Charges

Standard Chartered Bank was accused of laundering money for Iranian banks.
NPR

British Bank Settles After Hiding Iranian Transactions

The British bank accused of using its New York branch to launder money from international transaction has agreed to pay New York's top banking regulator $340 million. Regulators said the bank schemed to hide more than 60,000 financial transactions totaling $250 billion for Iranian clients. The bank denied the charges. Audie Cornish talks with Jim Zarroli.
NPR

Secret Side Of The Drought: Many Corn Farmers Will Benefit

Thanks to low yields from the drought, corn prices are high, which means corn farmers make money. This is despite the impression from in many news reports that all farmers are suffering because of the weather.

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